Ripple’s (XRP) at a Crossroads: 15% Upside or a 10% Pullback Coming Next?

The past several days have been quite beneficial for the cryptocurrency market, with Ripple’s XRP being among the top performers. It has rocketed by almost 50% on a weekly scale, and some analysts believe this is only the beginning of a major bull run.

Others think the asset stands at a critical turning point where a double-digit correction is also plausible. Up or Down? XRP has followed the green wave in the crypto sector and now trades at roughly $1.50 (per CoinGecko), boasting a market capitalization of over $93 billion.

At one point, it flipped BNB to become the fourth-biggest digital asset, but shortly after, it returned to number five.

Traditionally, Ripple’s cross-border token is among the most discussed cryptocurrencies and is often the subject of optimistic price predictions (even when there’s little to no volatility or significant developments).